Urban developers BlackPine Communities and SKK Developments have gotten the nod to redevelop a 20-acre site owned by the Sacramento Municipal Utility District in East Sacramento.

In a unanimous vote, the utility’s board of directors late last month selected the concept the two companies submitted during a request for proposal process last year.

“The SKK/BlackPine proposal represents the best opportunity and certainty in development, price (including an upside profit sharing component) and enhancements for the redevelopment of the 59th Street property to realize SMUD’s goals, objectives and vision for the property,” a SMUD staff report stated.

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